Adaptive Materials' $4.7M military contract leads to Ann Arbor job creation

Adaptive Materials is adapting quite well to the military industrial complex. Its latest $4.7 million army contract is propelling a new round of hiring for the Ann Arbor-based start-up.

Excerpt:

Military contracts are proving profitable for growing Adaptive Materials, allowing the Ann Arbor-based start-up to expand its capacity and staff.

The innovative fuel cell firm just signed a $4.7 million contract with the U.S. Army to supply its signature fuel cells. That contract could grow to be worth $5.6 million and another significant multi-million dollar military contract is expected to be announced this spring. So far the company has scored $44 million worth of defense contracts. That will equal about 70 percent of its business in the first and second quarters of this year.

"Military has always been a key piece of our business plan," says Michelle Crumm, chief business officer for Adaptive Materials. "That will continue for us. It's a key piece of the puzzle."

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Adaptive Materials, Inc
4403 Concourse, Suite C
Ann Arbor, MI 48108 Website

Ann Arbor-based Adaptive Materials (AMI) is a world leader in portable fuel cell technology. Along with their contracts with military and commercial interests, the company's batteries help reduce carbon emissions; lasting 10x longer than conventional ...

Adaptive Materials' $4.7M military contract leads to Ann Arbor job creation

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